EXT 12.5% 0.7¢ excite technology services ltd

change in substantial holdings rio top up, page-19

  1. 3,704 Posts.
    Teddy,

    I have just realised that I incorrectly read your post, you are asking why won't RIO pay more?

    Well I guess my answer is they won't have to. If you can get some of the people to sell at $1 then it won't be hard to get a bunch of others to sell for $5. The ones holding out may cost you more, maybe $10, but everyone will have a price.

    Much as I would love to see $100 I think most holders will have breaking point somewhat less than that.

    Happy to be proven wrong on this one.
 
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